The Best-Paper-Award Innovation Management annually honors scientific papers on Innovation, Transformation and Technology Management. Focusing on both cutting-edge research and high practical relevance, awarded papers provide state-of-the-art insights for academics and practitioners equally. Prof. Faems received the award for his paper on ‘Dusting off the knowledge shelves: Recombinant lag and the technological value of inventions.’ In this study, Professor Faems and his co-authors found out that inventors can generate valuable inventions by using so-called "dormant components." The study explains when old knowledge can serve as a driver for high-impact inventions and why companies should regularly dust their knowledge shelves.
Chair of Entrepreneurship, Innovation, and Technology
Prof. Dr. Dries Faems wins 2019 SITE Innovation Management award
Together with his co-authors Holmer Kok (Stockholm School of Economics) and Pedro de Faria (University of Groningen), Dries Faems has won the 2019 SITE Innovation Management award.